Call reports 2016
F&M BANK MINNESOTA — 2016
What F&M BANK MINNESOTA reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 112,121,000 | 112,402,000 | 117,224,000 | 120,187,000 |
| Total loans | 78,957,000 | 77,770,000 | 74,346,000 | 75,180,000 |
| Allowance for loan losses | 846,000 | 853,000 | 874,000 | 874,000 |
| Securities available for sale | 24,044,000 | 23,478,000 | 21,845,000 | 19,340,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,448,000 | 93,489,000 | 97,067,000 | 103,384,000 |
| Interest-bearing deposits | 62,567,000 | 63,043,000 | 61,155,000 | 65,222,000 |
| Noninterest-bearing deposits | 30,881,000 | 30,446,000 | 35,912,000 | 38,162,000 |
| Equity capital | 11,738,000 | 12,267,000 | 12,376,000 | 11,350,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,089,000 | 2,309,000 | 3,402,000 | 4,448,000 |
| Interest expense | 95,000 | 197,000 | 275,000 | 384,000 |
| Net interest income | 994,000 | 2,112,000 | 3,127,000 | 4,064,000 |
| Noninterest income | 51,000 | 104,000 | 108,000 | 163,000 |
| Noninterest expense | 631,000 | 1,259,000 | 1,876,000 | 2,448,000 |
| Provision for loan losses | 76,000 | 76,000 | 76,000 | 76,000 |
| Pretax income | 338,000 | 881,000 | 1,283,000 | 1,703,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | 337,000 | 880,000 | 1,282,000 | 1,702,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,668,000 | 11,105,000 | 11,278,000 | 10,586,000 |
| Total capital | 11,514,000 | 11,958,000 | 12,152,000 | 11,460,000 |
| Risk-weighted assets | 95,679,000 | 94,787,000 | 91,698,000 | 91,653,000 |